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Paul Krugman | Fighting conservative "derp" is your civic responsibility

  • The NY Times columnist advises you on how "to protect yourself against derpitude"
  • Paul Krugman channels "South Park"
  • James Carville Says 80% Of Democrats Are Politically Clueless

Scott Eric Kaufman, Salon

paul-krugman-flickr.jpgPaul Krugman at The Commonwealth Club (Commonwealth Club / Creative Commons License)

Monday, Jun 8, 2015 | New York Times columnist Paul Krugman took his cue from “South Park” on Monday, outlining a plan to fight “derp,” which in economic circles functions as a shorthand for “people who keep saying the same thing no matter how much evidence accumulates that it’s completely wrong.”

“Inflation derp,” he noted, “has become more of less a required position among Republicans,” because conservative ideology demands of adherence the belief that any expansion of the government “must lead to disaster.” The fact that this has not proven to be true is immaterial, because “derp” is, at its essence, “basically political.”

Nobel Prize-winning New York Times Op-Ed columnist Paul Krugman comments on economics and politics.

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joblessnessdishonesty1106.jpgJames Carville Says 80% Of Democrats Are Politically Clueless, James Carville, ClashDaily

  • The voter is basically dumb and lazy. The reason I became a Democratic operative instead of a Republican was because there were more Democrats that didn’t have a clue than there were Republicans.
  • Our Mania for Hope Is a Curse.

Special Project | America's Economic Crisis: Week Ending June 6, 2015

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  • “…it seems that our remedies are instinctively those which aggravate the sickness: the remedies are expressions of the sickness itself“. --Thomas Merton
  • 8 New Items including:
    • Obama’s “No Growth, No Jobs, No Recovery” Economy Gives Up The Ghost
    • America's Economic Crisis: Week Ending April 11, 2015
    • The Alternative To Long-Term Austerity: Less Work, Higher Wages, No Mere Utopian Dream
    • Barney Frank drops a bombshell: How a shocking anecdote explains the financial crisis
    • Paul Krugman Reveals the Outrageous Con Job Behind the Savage GOP Budget
    • Richer and Poorer: How much inequality can a democracy stand
    • Obama Is Leading the Way Toward Economic Catastrophe
    • The Truth About Jobs That No One Wants to Tell You

Compiled by David Culver, Ed., Evergreene Digest

John ColeJohn Cole

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Obama’s “No Growth, No Jobs, No Recovery” Economy Gives Up The Ghost, Mike Whitney, Counterpunch

  • GDP Downer
  • Translation: The economy is in the shitter.

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America's Economic Crisis: Week Ending April 11, 2015, Compiled by David Culver, Ed., Evergreene Digest

  • “…it seems that our remedies are instinctively those which aggravate the sickness: the remedies are expressions of the sickness itself“. --Thomas Merton
  • Part 1: Two Great Depressions: Roosevelt’s “New Deal” vs. Obama’s “Secular Stagnation”
  • Part 2: The Alternative To Long-Term Austerity: Less Work, Higher Wages, No Mere Utopian Dream
  • The Alternative To Long-Term Austerity: Less Work, Higher Wages, No Mere Utopian Dream

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Barney Frank drops a bombshell: How a shocking anecdote explains the financial crisis, David Dayen, Salon

Ever wonder why we waited six years to get a decent economic recovery? This new revelation will disgust you.

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Paul Krugman Reveals the Outrageous Con Job Behind the Savage GOP Budget, Janet Allon, AlterNet

  • "The modern G.O.P.’s raw fiscal dishonesty is something new in American politics."
  • Richer and Poorer: How much inequality can a democracy stand?

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Richer and Poorer: How much inequality can a democracy stand? Jill LePore, New Yorker

  • Accounting for inequality.
  • People are living — and dying — out in the cold.

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Obama Is Leading the Way Toward Economic Catastrophe, William Greider, the Nation

The misdirection of government power suggests that many leaders don't believe things were changed that much by the breakdown of 2007. They are still looking backwards, complacently doing the same stuff that failed sixty and eighty years ago.

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The Truth About Jobs That No One Wants to Tell You, Robert Reich, LA Progressive

  • If government doesn’t spend more right now and get Americans back to work, we could be out of work for years. And the debt will be with us even longer. And politics could get much uglier.
  • What the AFL-CIO Did Not Say About Raising Wages

Karl Marx Was Right

  • The economist and philosopher foresaw that capitalism had built within it the seeds of its own destruction, that the greed of a tiny elite would eventually bring down the system. The final stages that he predicted are visible all around us now.
  • America's Economic Crisis: Week Ending April 11, 2015

Chris Hedges, Truthdig

8858900120_3a9985933d_o_copy.jpgA bust of Karl Marx. (gravitat-OFF / CC BY 2.0

May 31, 2015 | Karl Marx exposed the peculiar dynamics of capitalism, or what he called “the bourgeois mode of production.” He foresaw that capitalism had built within it the seeds of its own destruction. He knew that reigning ideologies—think neoliberalism—were created to serve the interests of the elites and in particular the economic elites, since “the class which has the means of material production at its disposal, has control at the same time over the means of mental production” and “the ruling ideas are nothing more than the ideal expression of the dominant material relationships … the relationships which make one class the ruling one.” He saw that there would come a day when capitalism would exhaust its potential and collapse. He did not know when that day would come. Marx, as Meghnad Desai wrote, was “an astronomer of history, not an astrologer.” Marx was keenly aware of capitalism’s ability to innovate and adapt. But he also knew that capitalist expansion was not eternally sustainable. And as we witness the denouement of capitalism and the disintegration of globalism, Karl Marx is vindicated as capitalism’s most prescient and important critic.

In a preface to “The Contribution to the Critique of Political Economy” Marx wrote:

No social order ever disappears before all the productive forces for which there is room in it have been developed; and new higher relations of production never appear before the material conditions of their existence have matured in the womb of the old society itself.

Chris Hedges, a weekly columnist for Truthdig, is a Pulitzer Prize-winning journalist who has reported from more than 50 countries, specializing in American politics and society. 

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America's Economic Crisis: Week Ending April 11, 2015, Compiled by David Culver, Ed., Evergreene Digest 

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  • “…it seems that our remedies are instinctively those which aggravate the sickness: the remedies are expressions of the sickness itself“. --Thomas Merton
  • Part 1: Two Great Depressions: Roosevelt’s “New Deal” vs. Obama’s “Secular Stagnation”
  • Part 2: The Alternative To Long-Term Austerity: Less Work, Higher Wages, No Mere Utopian Dream

Section(s): 

The Truth About the TPP That (Virtually) No One Wants to Tell You

  • The people are fighting back and the elites recognize it. There is fear in the investor class as they see people organizing and mobilizing. Corporations are now investing more time and money in preparation to protect themselves from investor actions and legal challenges. The actions of corporations and governments against the people are a sign of their fear, and a sign of our unrealized strength.
  • Part 1: Sen. Sessions Reads the TPP and Exposes Its Contents
  • Part 2: Elizabeth Warren’s Trade Deal Fears Confirmed: Canada Uses NAFTA to Challenge Volcker Rule
  • sign-btn.pngPetition: Mr. President: Stop Lying To Us About Fast Track And The TPP

Compiled by David Culver, Ed., Evergreene Digest

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Part 1: Sen. Sessions Reads the TPP and Exposes Its Contents

  • Sen. Jeff Sessions is one of the few members of Congress who has taken the time to jump through the hoops and read the Trans-Pacific Partnership agreement. But he has gone a step farther than other members - he told members of Congress
  • Other Elected Officials Should Do the Same

Kevin Zeese, Popular Resistance

Submitted by Evergreene Digest Contributing Editor Jim Fuller

TPP-Break-the-Silence-e1431905081984.png May 17th, 2015 | Senator Jeff Sessions (R-AL) is one of the few members of Congress who has taken the time to jump through the hoops and read the Trans-Pacific Partnership (TPP). But, he has gone a step farther than other members – he told members of Congress what he read. He told the truth about what the TPP says and why Congress should oppose it in a five page letter to his colleagues.

Sessions’ action flies in the face of the threats made by the US Trade Representative to prosecute elected officials who tell people what is in the trade agreement. Others should follow his example and get out the truth about the TPP.

Kevin Zeese is a participant in Popular Resistance, an online daily news and information service for people who want to play a role in improving the country, creating economic and social justice as well as to protect the environment. He also co-directs (with Margaret Flowers)  It’s Our Economy and are co-hosts of Clearing the FOG, shown on UStream TV and heard on radio.

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Part 2: Elizabeth Warren’s Trade Deal Fears Confirmed: Canada Uses NAFTA to Challenge Volcker Rule

The fact that Canada thinks it has a strong case for having its bonds exempted from the Volcker Rule looks to be a harbinger of the creative ways these pending, toxic trade deals could be deployed, given their far more sweeping provisions.

Yves Smith, Naked Capitalism

Submitted by Evergreene Digest Contributing Editor Jim Fuller

stopp-tppa.jpgMay 14, 2015 | In her attacks on Obama’s pending trade deals, Elizabeth Warren has argued that could undermine US financial regulations like Dodd Frank. The Administration has taken to trying to dismiss Warren as not knowing what she was talking about. More skillful defenders of the traitorous trade deals took the tact of saying that Warren could in theory be right, but the odds of her fears playing out were so remote as to not be worth worrying about.

In a long, careful article in the Nation yesterday, George Zornick explains even with the limited information that we have now about the contents of proposed treaties like the TPP and its ugly European step-sister, the TTIP, Warren’s worries are valid. 

Yves Smith’s blog, Naked Capitalism, is a highly-ranked and admired website focusing on the economy and finance. The author of ECONned, published in 2010, she “blows the top wide open on the role that economists and policy makers had in enabling Wall Street greed and misdeeds,” according to NYU economics professor Nouriel Roubini. Yves Smith is the pen name of Susan Webber, a Principal of Aurora Advisors, Inc.

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sign-btn.pngPetition: Mr. President: Stop Lying To Us About Fast Track And The TPP, The Pen 

  • Mr. President, the more you try to defend the indefensible TPP the bigger your lies seem to get, and just this last Friday you told some serious whoppers.
  • TPP Leak Reveals Extraordinary New Powers for Thousands of Foreign Firms to Challenge U.S. Policies and Demand Taxpayer Compensation

 
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Inside the Billion-Dollar Brain: 3 Attitudes That Explain Their Selfish Behavior

  • Why the rich don't care about jobs for the rest of us.
  • “The buck stops nowhere”: Meet the corrupt new elite running (and ruining) our economy
  • A Wealthy Capitalist on Why Money Doesn’t Trickle Down

Paul BuchheitAlterNet

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Money%20in%20Tight%20Fist.jpgMay 10, 2015 | Many of us wonder what possible reason could exist for the failure to invest in American infrastructure, to create millions of jobs as a result, and to help everyone in the long run. Analysis reveals personality traits and beliefs and misconceptions that might account for such behavior. Here's a look inside the billion-dollar brain: 


1. It's All About Me 

Several 
studies by Paul Piff and his colleagues have revealed that upper-class individuals tend to be narcissistic, with a clear sense of entitlement. Worse yet, they believe their talents and attributes - genius, even - have earned them a rightful position of status over everyone else. 

Paul Buchheit is a college teacher, a writer for progressive publications, an active member of US Uncut Chicago, founder and developer of social justice and educational websites (UsAgainstGreed.org, RappingHistory.org), and the editor and main author of "American Wars: Illusions and Realities" (Clarity Press).

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“The buck stops nowhere”: Meet the corrupt new elite running (and ruining) our economy, Lynn Stuart Parramore, AlterNet

  • Talking about old systems of power and corruption doesn't begin to capture new realities.
  • "Unaccountable" author Janine Wedel takes on Larry Summers, Citigroup and the sins of the Clinton administration.
  • They won, we lost: How corruption became America’s national pastime
  • George Carlin "The American Dream" 

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263fe7d0f0e40c0321b799a4dbd97ae1.portrait.jpgA Wealthy Capitalist on Why Money Doesn’t Trickle Down, Nick Hanauer, YES! Magazine

  • Nick Hanauer, venture capitalist and self-described "plutocrat," says a healthy economy and an effective democracy depend on a thriving middle class of workers.
  • Next Time Someone Argues For 'Trickle-Down' Economics, Show Them This


 

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